Minister of Finance Dr. Youssef Boutros Ghali has announced that the forthcoming days will see developments on customs in order to complete reform that has begun two year ago, pointing that the modernization of the tax department in Egypt represents the most important stage so far.  The Minister noted that a new draft customs law is being prepared to supersede the current law and which has been applied over the past half a century, in addition to the implementation of a number of procedures in the upgrading of the customs department  and facilitating investment activities as well as polishing tax management.

Development will include customs, tax procedures, developing management and training.  He said the development must take place in collaboration with modern policies through programs adopted by the ministry aimed at development of tax and customs apparatuses.

(source: rose El-youssef)